CEM(SZ:002980) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-05-28 23:11Core Viewpoint - The company has announced its profit distribution and capital reserve fund conversion plan, which includes cash dividends and stock increases for shareholders based on the adjusted total share capital as of December 31, 2024 [2][3][8]. Profit Distribution and Capital Reserve Conversion Plan - The company will distribute cash dividends of RMB 7.3 per 10 shares (including tax) to all shareholders, totaling RMB 98,374,362 [2][3][8]. - The company will also increase its capital reserve by converting 4 shares for every 10 shares held, resulting in an increase of 53,903,760 shares, bringing the total share capital to 189,141,160 shares [2][3][8]. - The base for the distribution is calculated from the total share capital of 135,237,400 shares, excluding 478,000 shares held in the repurchase account [2][3][8]. Shareholder Meeting and Approval - The profit distribution and capital reserve conversion plan was approved at the annual shareholder meeting held on May 15, 2025 [3][6][11]. - The plan is consistent with the distribution scheme approved at the shareholder meeting and will be implemented within two months of the approval [6][7]. Adjustments and Calculations - The cash dividend per share, after adjustments, is calculated to be approximately RMB 0.7274197, and the stock increase per share is approximately 0.3985861 shares [3][11]. - The ex-dividend and ex-rights price will be adjusted according to the new share capital and distribution ratios [3][11]. Important Dates - The record date for shareholders is June 6, 2025, and the ex-dividend date is June 9, 2025 [12]. - The new shares from the capital increase will be credited to shareholders' accounts on June 9, 2025 [10][12]. Consultation and Documentation - The company has provided contact information for inquiries regarding the distribution plan and has listed documents related to the shareholder meeting and board resolutions for reference [13].